Cornwall-based Earth Observation (EO) pioneer Aspia Space has secured a £1 million equity investment from the British Business Bank’s South West Investment Fund, managed by The FSE Group. Part of a £2.25 million funding round, this investment will accelerate the company’s development of AI-powered land intelligence technologies and expand its team as it targets a £40 million turnover within five years.
Founded in 2021, Aspia Space’s core innovations include ClearSky, an AI model that delivers real-time, cloud-free satellite images using optical and radar data fusion, and EarthPT, a foundation EO model trained on over 14 billion tokens of remote sensing data. Together, these tools provide uninterrupted, accurate, and predictive monitoring of Earth’s surface—transforming how sectors like agriculture, insurance, and environmental management assess land conditions.
With plans to grow its workforce to over 100 by 2030 and expand globally, Aspia has joined NVIDIA Inception to accelerate its AI capabilities. Backed by strong investor support, including The FSE Group and British Business Bank, Aspia’s mission positions the UK at the forefront of the $700 billion EO market while contributing to sustainable land use and climate resilience.
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